8,044 Shares in TotalEnergies SE Sponsored ADR $TTE Purchased by Advisortrust Partners LLC

Advisortrust Partners LLC acquired a new stake in TotalEnergies SE Sponsored ADR (NYSE:TTE) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 8,044 shares of the company’s stock, valued at approximately $526,000.

Other large investors also recently bought and sold shares of the company. MGO One Seven LLC boosted its stake in TotalEnergies by 1.3% during the fourth quarter. MGO One Seven LLC now owns 10,410 shares of the company’s stock worth $681,000 after buying an additional 137 shares during the period. Clear Creek Financial Management LLC raised its stake in shares of TotalEnergies by 2.4% in the 4th quarter. Clear Creek Financial Management LLC now owns 6,334 shares of the company’s stock valued at $414,000 after acquiring an additional 150 shares during the period. Bruce G. Allen Investments LLC lifted its holdings in shares of TotalEnergies by 4.4% in the 4th quarter. Bruce G. Allen Investments LLC now owns 4,091 shares of the company’s stock worth $268,000 after acquiring an additional 172 shares during the last quarter. SkyView Investment Advisors LLC boosted its position in shares of TotalEnergies by 2.2% during the 2nd quarter. SkyView Investment Advisors LLC now owns 8,054 shares of the company’s stock worth $495,000 after purchasing an additional 175 shares during the period. Finally, OLD National Bancorp IN boosted its position in shares of TotalEnergies by 2.5% during the 4th quarter. OLD National Bancorp IN now owns 7,189 shares of the company’s stock worth $470,000 after purchasing an additional 176 shares during the period. Institutional investors and hedge funds own 16.53% of the company’s stock.

TotalEnergies Trading Up 0.1%

NYSE TTE opened at $80.47 on Friday. The company has a quick ratio of 0.85, a current ratio of 1.08 and a debt-to-equity ratio of 0.41. TotalEnergies SE Sponsored ADR has a 52 week low of $57.39 and a 52 week high of $94.17. The stock has a market capitalization of $192.95 billion, a PE ratio of 11.92, a price-to-earnings-growth ratio of 2.73 and a beta of 0.12. The firm has a 50 day moving average of $89.34 and a two-hundred day moving average of $79.66.

TotalEnergies (NYSE:TTE) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $2.45 earnings per share for the quarter, beating analysts’ consensus estimates of $2.22 by $0.23. TotalEnergies had a net margin of 7.43% and a return on equity of 14.01%. The business had revenue of $49.52 billion for the quarter, compared to analyst estimates of $44.58 billion. As a group, research analysts expect that TotalEnergies SE Sponsored ADR will post 11.09 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. Wall Street Zen upgraded shares of TotalEnergies from a “hold” rating to a “buy” rating in a report on Saturday. Scotiabank raised their price target on TotalEnergies from $73.00 to $97.00 and gave the stock a “sector perform” rating in a research report on Wednesday, April 22nd. Weiss Ratings raised TotalEnergies from a “hold (c)” rating to a “buy (b-)” rating in a research note on Friday, May 1st. Zacks Research downgraded TotalEnergies from a “strong-buy” rating to a “hold” rating in a report on Monday, May 25th. Finally, TD Cowen reissued a “buy” rating on shares of TotalEnergies in a research note on Monday, April 20th. Nine equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $84.33.

TotalEnergies Company Profile

TotalEnergies SE (NYSE: TTE) is a French multinational integrated energy company engaged across the full energy value chain. Founded in 1924 as Compagnie Française des Pétroles, the company grew through a series of mergers and expansions—most notably with Petrofina and Elf Aquitaine around the turn of the millennium—and rebranded to TotalEnergies in 2021 to reflect a broader focus on multiple energy sources. It is organized to operate across upstream and downstream activities while pursuing a transition toward lower-carbon energy solutions.

In upstream, TotalEnergies explores for and produces crude oil and natural gas globally.